Agnostic data and process standards allow all market participants to advance at their own pace
During a recent market event, co-hosted by the London & International Insurance Brokers Association (LIIBA) and ACORD, broking firms across the London Market heard from ACORD, the Ruschlikon community, and the London Market Group (LMG) Data Council on how ACORD Data Standards and using Ruschlikon best practises can drive modernisation in the London Market. The central theme across three different sessions was that data standards, developed through collaboration amongst industry players, are essential for modernisation and long-term success. Presenters shared their experiences and discussed thought-provoking questions such as, “How could we achieve this in a post-Blueprint Two world?”.
Read more